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Bridgeport Telegram in Bridgeport, Connecticut

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This newspaper page contains 11 articles. Subscribers can read the full text of each article.

Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

Apr 20, 1925

Page

15

Business Generally Is Good as Money Eases

New York reports a fair volume in business with manufacturers and distributors cautious awaiting clearer data on output. Farmers face mixed prospects with grains steady and cotton perplexing amid drought in the southwest. steel, oil, and building materials show uneven but improving activity, while railroads and copper resist broader gains.

Richard Spillane New York

Cross Current On Trade Indicates Little Progress

New York April 1 Associated Press The familiar tests of industrial activity contributed little last week to aid clearing away confusion over the business situation Underlying conditions remained good but cross currents of trade including a contraction of some manufacturing activities lower commodity prices and a drifting steel market indicated little progress had been made Credit conditions became noticeable easier a relaxation in money rates being ascribed partly to liquidation in speculative markets and slackening industrial activity This contributed to moderate improvement in stock and bond prices despite the conflicting trade news Operations in the steel industry showed no marked revival of business Curtailment of pig iron and finished steel production was extended while the improvement in new business noted in April after a March gloom apparently was not carried further. The market was described as dafting with consumers digesting heavy loads taken in the first quarter Sugar touched low as diminished buying power reduced demand refined sugar sold at year lows with Cuban crop prospects exceeding earlier estimates Copper lead and zinc prices set new lows copper fell almost 2 cents a pound from January highs Grain trading remained unsettled with erratic daily fluctuations, but cotton held firmer on drought reports Confidence in railroads remained due to record car loadings despite earnings lagging last year Merger prospects improved with progress on Nickel Plate near Washington and new alignments proposed for eastern and southern carriers Auto trade showed the best spring results with demand for cars better than last year and gasoline price trends expected to hold steady as summer approaches with a few price cuts and output increases noted

New York Associated Press Washington

Jury Deadlocks in Greenwich Murder Case

After 15 hours of deliberation the jury failed to reach a verdict in the Archie Thornton murder trial in Greenwich. Thornton, a former Warwick police officer, was accused of killing Mrs Fannie Throwton with a knife in a suspected family dispute.

Providence Archie Thornton Greenwich Lan Thornton Warwick Fannie Throwton

Flames wipe out business block in Buffalo

A downtown fire in Buffalo New York destroyed four stores and damaged several more on Main Street. An explosion is suspected to have started the blaze, causing an estimated loss of $500 000 to $500 000. Firefighters brought the flames under control after four alarms. traffic on Main Street was halted for four hours and three firemen suffered minor injuries.

Buffalo N. Y Thg Browning B'Ug and Company, Clothiers Robert Lo Loud Music Company Willam Eastwood and Son Main Street Goellners Furniture Washington Street

Two Business Blocks Sold in Stamford

Samuel Shulman contracted to purchase a three story brick block at Main Street and Greyrock Place from Eugene Palmer for $110,100 and has also bought the McPartland building on Atlantic Street from Annie McPartland and others for $70,000. The two story brick building houses offices and stores.

Stamford Samuel Shulman Main Street Greyrock Place Eugene Palmer Shulman McPartiland Atlantic Street Annie McPartland

Relaxation of Money Rates Stimulates Bond Trading

New York April 19. Relaxation of money rates revived credit and lifted bond trading last week with prices moving higher. Government issues led gains as time funds were abundant and the Fed rediscount rate stayed at 8 1 2 per cent. French obligations rallied after political changes, while railroad and utility bonds advanced on stronger demand for carriers. Investment dealers noted steady demand for high grade public utility bonds despite Dodge Brothers financing. Prospective loans to Italy and Spain were mentioned but no details known.

New York Associated Press Lst Federal Reserve Bank Treasury Herriot Painlev Lonwest

Progress Week in Bridgeport Promises Large Exposition

Progress Week May 30 to June 6 is assured with nearly 100 exhibitors including major manufacturers city departments and specialized firms. A Sea Side Park tent and full plans are ready a parade will open the event and visitors from across the state are expected for a larger exposition than any Connecticut has seen.

Seaside Park Connecticut Chamber of Commerce Kardex Co Council of Social Agencies Morrison Radiophone Co Metropolitan Léfe Ins Visiting Nurse Association T J. Pardy Const Warner Bros, Raybeatos Co City Lumber Co Mechanics and Farmers Frank Muler Lumber Co Durrier Co Eastern Engineering and Coast Co Kano Sign Co General Flectric Bullard Machme Gag Bridgeport Gas Light Co Kman Studio City Savings Bank Bridgeport Brass Ia Bridgepocrt Saymes Bank Baird Machine Bridgeport Chain Co City National Bank D, M Meas Co Armatrong Mfe Co Bridgeport Times Bridgeport Metal Goods Co Schwerdtle Stamp Co Meigs and Co Dridgeport Land and Title Co Crawford Laundry Co Coplin Co Badgeport Housing Co New Haven Daily Co Dictaphone Corp Huber [Ce Cream Co Mitchell Dairy Co Wurtvet and Gordon Harvey Hubbell Inc Commercial Bank and Trust Co Hadley Furniture Co Bridgeport Hardware Co

Food prices rise five percent in year to March 15

Washington reports a five percent rise in food prices for the year ended March 15, with overall costs up sixty six percent in twelve years. Expenditures fell in 26 cities during February 6 to March 15, including Boston two percent and Washington one percent, while Detroit Chicago and several West Coast cities showed small increases.

Washington Department of Labor Boston Rochester Atlanta Baltimore New York Detroit Chicago Angeles Mulwaukee San Francisco

Cotton Important in U S Export Trade

President Coolidge highlighted cotton’s pivotal role in U S foreign trade to textile manufacturers. February exports valued at 104,078,228 dollars, up about 24.9 million from a year ago, with Europe, led by the United Kingdom, as the chief buyer and Japan a major purchaser.

Coolidge United States Department of Agriculture Index of Agricultural Sports Europe United Kingdom Japan

Over Supply of Asparagus Impacts Local Markets

Prices for new crop shipped-in vegetables fell as oversupply hit car markets this week. California asparagus dropped to 300 to 350 dollars per dozen two pound bundles, with larger shipments from several shipping operations depressing prices. Native spinach dandelions and rhubarb weakened while native lettuce remained firm. Strawberries lowered with Florida stock. other fruits steady but trading slow. Butter firm, eggs steady, and meat prices mostly unchanged.

California Florida

Germany Uneasy About Presidential Election In 1920s Echo

Germanys industrial and commercial world is uneasy about the presidential election. The finance minister told the Reichstag that long term commercial treaties hinge on tariff laws, and industry demands lower prices and wage adjustments to boost production. Railways report March gains in car supply and a 297 million dollar four month revenue, with ongoing disputes over rail rate cuts to aid exports.

Epruin Germany Hindenburg Reichstag Joana Federal Trailway Company

Also Mentioned on This Page

Bridgeport Telegram London Texas New England Fall River Pittsburgh Farre Fidelity Loan Corp Connecticut Industrial Leaders Association Middle St. Corner John Walt Lgraeta State Banking Commission United Loan Corp Fairfield Ave Cor Water St Tim Heat'ng Wade Hawley Ave Rogers Peet Co State Street Investment Department Noble Virginia-Carolina Chemical Corporation Dodge Brothers Missouri Pacific Columbia Gas & Electric Thomas W Lamont Morgan Rome Italy Spain First National Bank Bridgeport Trust Co Holmes and Edwards Real Estate Board Rockwell and Co Hyle Easy Colgate and Co Davia and Hawley Bridgeport Public Market Howland Dry Goods Co Serony American Chain Co American Fabrice Birdseye Press American Hardware Stores Reichert Ice Ream Co Remington Arms McKdowney and Coa Connecticut Co Jenkins Bros Hincka Bros Schnee and Schnee Bridgeport Hydraulic Co Brennan Stone H Corbit Charities Department Fire Police Public Works Library U.S Aes Buhe England Tel. N Main St Frank E. Lalley, JR Bridgeport, Conn Norwalk Norwalk Franklin Co Se Tae
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